PDG CEO said that Gold would remain flat to lower for over the next two years. So when you say it, I question your surmise & or your timing. I am not a dogmatists as you profess, but an opinionated personage who's conclusions are determined with his eyes, ears, and mind open, while his mouth remains shut. I share my knowledge to those whom congeal a shared interest.
I've often said that I could argue the case for a higher Price of Gold better than many on this thread. I choose not to, for the short trend is near, set, and inclement. There are many neer-do-well on this thread {you are not one}, and more that ponder idiocy of ideology that neglect the nuances between the commodities. If I respond to you in private email with more then just correctness of my postings, then I must feel that there is hope for you understanding of the material. Many see only what they want to hear, and as such my postings seem biased to them. It is not my duty to give support data for decisions I do not adhere to, nor should a person. I've had stated many times that XAU stocks trade in ratios around the Price of Gold, and others agree. Is it my duty to give an exact top or bottom, and time frame? I think not. As commodities neither have tops or bottoms, but are localized.
I make predictions, many have come true, and some have not. This is the nature of analysis. If one can not analysis an instrument to where his degree of accurateness is creditable high, then one should go back to study what he knows best. There are many instances where I neither share data, or information I know, if this is pragmatic then so be it. You have the ability to come up with data to support you ideology, and then to post it. Can you? Do you have the ability to prove your point? Do you rely on the press reporting past instances as your prove? Cause if the press is your prove then you are sadly clueless to the reality that abounds.
You ask for prove of data that only exist in non-conformal patterns. And ask me then to bring and align it for you. Would you even accept it as prove? Yet we all whole heartily accept that Golden-Eagles is a real demand. When in reality golden Eagles do not make up all of Gold demand. How many maples Leafs, SA coins, are not being minted while the Eagles are? Whom are the buyers? Maybe most of the eagles are CB minting coins for their vaults. These are questions that none here ever considered. They look only for the bottom line, and maybe are easily fooled? I only ask that one thinks, and questions ALL. As with an onion, there are many layers.
Knowledge is Golden, and is the only Gold that one needs to own. Maybe you question my postings cause I attempt to answer them. And with every answer comes a host of more questions. But if your thinking is biased, as many are on this threads, then they attack the posts and suggest the material is a lie, incorrect, or fraudulent. |